Italy allocates 300 million euros for sustainable investments by SMEs in the South
- The Italian government has allocated 300 million euros to support sustainable investments by small and medium-sized enterprises (SMEs) in the southern regions of the country.
- The decree, signed by Minister of Economic Development Giancarlo Giorgetti, will provide funding for projects that promote energy efficiency, renewable energy, and circular economy practices.
- The initiative is part of the government’s broader plan to support economic recovery and sustainability in the South, which has historically lagged behind the rest of the country in terms of development.
The decree, titled “Sud: Urso firma decreto, 300 milioni per gli investimenti sostenibili delle Pmi,” was published in the Italian Official Gazette on January 22, 2025. It establishes a new fund within the Ministry of Economic Development that will provide loans and grants to SMEs in the South that are implementing sustainable projects.
Eligible projects include those that:
- Improve energy efficiency in buildings and industrial processes
- Promote the use of renewable energy sources
- Reduce waste and promote circular economy practices
- Develop innovative technologies and products that contribute to environmental sustainability
The loans and grants will be provided on a competitive basis, with priority given to projects that demonstrate the greatest potential for environmental and economic impact.
The initiative is part of the government’s broader plan to support economic recovery and sustainability in the South, which has historically lagged behind the rest of the country in terms of development. The plan includes a number of measures to promote investment, innovation, and job creation in the region.
The allocation of 300 million euros for sustainable investments by SMEs is a significant step towards achieving these goals. It will provide much-needed funding for businesses that are committed to operating in a sustainable manner and contributing to the long-term economic and environmental well-being of the South.
Sud: Urso firma decreto, 300 milioni per gli investimenti sostenibili delle Pmi
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